The stock market rises from the beginning – Nel shows the way



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The arrows have been pointing upward since the beginning on the Oslo Stock Exchange, although the trend has slowed since opening hours.

After 40 minutes of trading, the main index stood at 866.94, after rising 0.19%.

Up to now, shares and stock certificates have been traded for 466 million NOK.

This development is in line with the general collapse of the US stock market yesterday and the rise of Asian stock markets.

Oil rising

Oil prices are also in positive territory.

The price of a barrel of Brent rose 0.8% to 66.87 dollars a barrel on Friday morning, against 66.25 dollars at the close in Oslo yesterday.

WTI oil rises 0.8% to 57.69 dollars.

The market is receiving support for cuts ordered by OPEC, and Saudi Arabia's statements that it is rather against extending the cut.

In Oslo Børs, Aker BP climbed 1.2% to 293.60 NOK.

Equinor increased by 0.3% to NOK 192.85, while the DNO increased by 0.9% to NOK 18.36.

rallye nel

Nel leads the way with an increase of 3.6% to 5.50 NOK after having signed a cooperation agreement with 13 companies in South Korea for a hydrogen energy network (HyNet).

The effects of the most traded are relatively modest – in both directions.

BW Offshore excels positively with an increase of 2.4% to 39.90 NOK, while Hexagon Composites has added 2.4% to 30.40 NOK.

Carnegie analyst, Mikkel Nyholt, is up and predicts doubling in the issue of Finansavisen.

Magseis Fairfield continues its decline after yesterday's quarterly figures, and further decline of 12.6% to NOK 13.90.

Golden Ocean is down 1.9% at NOK 42.24, while B2Holding records a further 2.0% decline to NOK 13 after yesterday's quarterly figures. Simultaneously, Stenshagen Invest took a new look at the company.

Telenor and DNB are down, respectively. 0.8 and 0.6%.

Transport company

Belships tops the list of winners after yesterday's stock market appeal committee meeting bill the mandatory offer of Frode Teigen on seven shares of crowns. The share increases by 25.3% to 5.70 NOK.

Star Bulk tracks nearly 13.8% to 47 cents.

Polarcus followed the rise yesterday by posting a further rise of 4.2% after DNB Markets strengthened its share of holdings.

At the other end, we find Solstad Offshore, which shows a further 7.8% decline to NOK 1.55 after yesterday's quarterly figures.

The mentioned Magseis Farifield is one of the two titles that fall the most.

The second is Aqualis, which also continues its downward trend after yesterday's figures, with a fall of 8.0% to NOK 4.03.

We are also taking Havyard, which is punished by a 6.1% drop in price to 9.30 Norwegian kroner after presenting its figures late last night.

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